There are so many indicators, why 95% of traders still lose money? Can indicator work? Why? - Forex Questions and Answers - FXAnswer

Resolved Question

Votes

Resolved

There are so many indicators, why 95% of traders still lose money? Can indicator work? Why?

4 Answers

In Trading Mindset and Psychology
- by
- Kingpin
204 Views
1 year ago

Tags:

Indicator

Technical

Risk

Question resolved! You can't answer the question

Answers

0 Votes Indicators are a 'new' thing, and you are led to believe that you NEED a indicator to trade and make money. Indicators are only, and can only be derived from price action. They cannot exist otherwise. But there are some that are considered to be leading as well as lagging in that they MAY predict future price movement. Using indicators are only part of the problem though. The main reason why people lose is fear and greed. That simple. by Phoenix 1 year ago by Phoenix 1 year ago
0 Votes indicators shows you the past only therefore it is hard to use them to trade presence or future by certicex 1 year ago by certicex 1 year ago
0 Votes Algorithm trading has taken over the indicators by Harold 1 year ago by Harold 1 year ago
0 Votes the indicator works well but the person how used it may be wrong in something else by hanan 1 year ago by hanan 1 year ago

Votes

Indicators are a 'new' thing, and you are led to believe that you NEED a indicator to trade and make money.
Indicators are only, and can only be derived from price action. They cannot exist otherwise. But there are some that are considered to be leading as well as lagging in that they MAY predict future price movement.
Using indicators are only part of the problem though. The main reason why people lose is fear and greed.
That simple.